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    HomeContributorsTechnical AnalysisEURUSD Is Possibly Bullish

    EURUSD Is Possibly Bullish

    Technical analysis

    The RSI(14) and the RSI(3) point to a possible upwards correction

    The Ichimoku indicator displays a prevailing flat

    The CCI suggests a possible upwards movement.

    Most likely scenario – BUY

    Target prices: 1.17407 1.17501

    Alternative scenario – SELL

    Target prices: 1.17310 1.17221

    Key levels

    Support 1.17407 1.17501

    Resistance 1.17310 1.17221

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